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Instagram now has 100 mln more users than Twitter

Instagram users have reached the 400 million mark, making the Facebook unit far larger than rival Twitter Inc. The photo-sharing app, which was bought by Mark Zuckerberg in 2012 for US$1 billion, has ...More

EJ Insight2015-09-23

Why Li Ka-shing shouldn't get distracted by China criticism

... sh mobile unit O2, a deal worth more than US$15 billion. Elsewhere in Europe, Hutchison announced in August that it will combine its Italian mobile unit with that of VimpelCom's unit Wind in a huge me ...More

EJ Insight2015-09-22

Fortress Investment closing part of hedge fund unit

... rnal. The unit was created to emulate the bets of university endowments and other deep-pocketed investors. At its 2010 peak, it managed US$1.7 billion. But the Partners funds have slumped in recent ye ...More

EJ Insight2015-09-22

What happens when companies stray from their core business

... new opportunities to diversify its businesses. Beauty products accounted for HK$1.39 billion yuan (US$213.8 million) of sales in fiscal 2014-2015, about 95.7 percent of revenue. In March, it launched ...More

EJ Insight2015-09-18

Dying to live

I was a young medical officer in the emergency unit of the Ola During Children’s Hospital in Sierra Leone when I advised the mother of a child with severe malaria to tell a blatant lie. Her daughter M ...More

EJ Insight2015-09-18

What's behind London's attraction to Asian property buyers

... sidential unit is 453,000 pounds (US$695,420), or about 4.5 times higher than that for the northeast region, and 2.6 times the average price nationwide. Local buyers prefer units between 500,00 pounds ...More

EJ Insight2015-09-16

Deposit forfeitures on the rise at newly built small homes

There has been a significant increase in abandoned transactions of newly built homes, especially those that involve subdivided units, Metro Daily reported, citing a surge in cases where buyers have ba ...More

EJ Insight2015-09-16

Alibaba dances with Cathay Financial, Tencent Bank chief resigns

... ng WeBank unit was leaving just nine months after the bank's launch. Both of these stories reflect the huge potential financial services hold for big companies like Alibaba and Tencent, as Beijing ope ...More

EJ Insight2015-09-15

How to distinguish a reliable P2P platform from a bad one

... Hong Kong unit will focus on providing investing opportunities for people with surplus funds. "Hong Kong people can use the platform to lend to mainlanders, Americans or people in other countries," Ht ...More

EJ Insight2015-09-15

Deutsche Bank aims to cut a quarter of workforce

...  once the unit's spinoff is completed as planned in 2016. Cryan aims to present details of the restructuring plan before October, close to when the new CEO of investment banking rival Credit Suisse, T ...More

EJ Insight2015-09-15

Currency management: What China needs to learn

... ry Fund’s unit of account, the Special Drawing Rights. In order to be included in the SDR basket, a currency must be widely used in international transactions. The renminbi is already widely used to i ...More

EJ Insight2015-09-14

How SME property agents can best utilize online platforms

... k out the unit personally”. -- Contact us at [email protected] CG ...More

EJ Insight2015-09-14

Hutchison seeks EU nod for US$15.8 bln bid for O2

Hutchison Whampoa Ltd. (00001.HK) has sought EU approval for its 10.25 billion pound (US$15.82 billion) bid for Telefonica's British mobile unit O2. The European Commission said it would decide by Oct ...More

EJ Insight2015-09-14

Sunshine Oilsands: an energy firm worth watching

...  into the United States. Sunshine’s interim results show that it is a major holder of oil sands resources in Canada’s Athabasca region, which has 3.6 billion barrels of best-estimate contingent resour ...More

EJ Insight2015-09-12

Cosco to order 11 container megaships

... he listed unit of state shipping company China Ocean Shipping (Group) Co., will benefit from substantial subsidies under Beijing’s scrap-and-build policy, which encourages Chinese operators to renew t ...More

EJ Insight2015-09-11

Medical blunder patient finally gets liver transplant

... sive care unit and his blood pressure is normal, according to Albert Chan, an assistant professor of pancreatic surgery who was part of the transplant team.  Lee's kidneys are functioning and he is ab ...More

EJ Insight2015-09-10

Couple detained on suspicion of abusing youngest daughter

... sive care unit in Kwai Chung for about one and half months after being transferred from Yan Chai Hospital in Tsuen Wan, where the family resides. Her 50-year-old father and mother, a 40-year-old mainl ...More

EJ Insight2015-09-08

Tesco to sell Korean unit to MBK-led group for US$6.1 bln

... alues the unit’s equity at about US$4.9 billion, MBK said. The grocer plans to use most of the money to pay off debt over the next 18 months. The company also said it will be able to consider investm ...More

EJ Insight2015-09-08

US airstrike kills at least 11 Afghan police

... cs police unit out on a mission, the Wall Street Journal quoted Najib Danish, a spokesman for the ministry, as saying. A number of the officers were injured. “The strike was the result of a lack of pr ...More

EJ Insight2015-09-08

Queensland: Impact of RMB decline on tourism sector is temporary

... ralia), a unit of Far East Consortium International (00035.HK), and Chow Tai Fook Enterprises, parent of New World Development Co. Ltd. (00017.HK), was selected by the local government as the develope ...More

EJ Insight2015-09-07

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